Natixis Advisors LLC Boosts Holdings in Entergy Corporation $ETR

Natixis Advisors LLC grew its holdings in shares of Entergy Corporation (NYSE:ETR) by 6.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 385,256 shares of the utilities provider’s stock after acquiring an additional 22,694 shares during the quarter. Natixis Advisors LLC owned 0.09% of Entergy worth $35,609,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the business. Cbre Investment Management Listed Real Assets LLC grew its holdings in shares of Entergy by 45.7% in the fourth quarter. Cbre Investment Management Listed Real Assets LLC now owns 1,769,115 shares of the utilities provider’s stock worth $163,519,000 after purchasing an additional 555,141 shares during the last quarter. AXQ Capital LP bought a new position in shares of Entergy in the fourth quarter worth approximately $243,000. BW Gestao de Investimentos Ltda. bought a new position in shares of Entergy in the fourth quarter worth approximately $13,129,000. New Mexico Educational Retirement Board grew its holdings in shares of Entergy by 3.5% in the fourth quarter. New Mexico Educational Retirement Board now owns 20,898 shares of the utilities provider’s stock worth $1,932,000 after purchasing an additional 700 shares during the last quarter. Finally, Reaves W H & Co. Inc. grew its holdings in shares of Entergy by 6.9% in the fourth quarter. Reaves W H & Co. Inc. now owns 2,446,593 shares of the utilities provider’s stock worth $226,139,000 after purchasing an additional 158,226 shares during the last quarter. 88.07% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently issued reports on ETR shares. Wells Fargo & Company raised their target price on shares of Entergy from $123.00 to $128.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Barclays cut their target price on shares of Entergy from $124.00 to $119.00 and set an “overweight” rating on the stock in a report on Wednesday. UBS Group restated a “buy” rating and issued a $135.00 target price (up from $131.00) on shares of Entergy in a report on Thursday, April 30th. Wall Street Zen upgraded shares of Entergy from a “strong sell” rating to a “sell” rating in a report on Saturday, May 2nd. Finally, KeyCorp restated an “overweight” rating and issued a $123.00 target price (up from $118.00) on shares of Entergy in a report on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Entergy has an average rating of “Moderate Buy” and an average target price of $118.58.

Entergy Stock Performance

NYSE:ETR opened at $109.40 on Friday. The stock has a market cap of $50.09 billion, a P/E ratio of 27.91, a price-to-earnings-growth ratio of 1.85 and a beta of 0.50. The firm’s fifty day simple moving average is $112.31 and its 200 day simple moving average is $102.81. Entergy Corporation has a twelve month low of $80.11 and a twelve month high of $118.44. The company has a quick ratio of 0.73, a current ratio of 0.96 and a debt-to-equity ratio of 1.80.

Entergy (NYSE:ETR) last released its quarterly earnings results on Wednesday, April 29th. The utilities provider reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.02. The business had revenue of $3.19 billion for the quarter, compared to analysts’ expectations of $2.89 billion. Entergy had a net margin of 13.48% and a return on equity of 10.75%. During the same quarter in the previous year, the business posted $0.82 earnings per share. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. As a group, research analysts predict that Entergy Corporation will post 4.4 EPS for the current year.

Entergy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Friday, May 1st were issued a $0.64 dividend. The ex-dividend date was Friday, May 1st. This represents a $2.56 annualized dividend and a yield of 2.3%. Entergy’s payout ratio is 65.31%.

Entergy Company Profile

Entergy Corporation (NYSE:ETR) is an integrated energy company headquartered in New Orleans, Louisiana, that generates, transmits and distributes electricity. The company’s operations combine regulated utility services with competitive power production, supplying retail electricity to residential, commercial and industrial customers while also participating in wholesale energy markets. Entergy’s generation fleet includes nuclear, natural gas, hydropower and other resources, and it operates a network of transmission and distribution assets to deliver power to end users.

Entergy conducts its regulated utility business through state-based operating subsidiaries that serve customers across parts of Arkansas, Louisiana, Mississippi and southeast Texas.